200 Elphinstone Street Berserker, 4701 QLD

Two unit rental investment showing high yield

4 2 2

Canny investors should see this two unit property as an opportunity to enter the Rockhampton rental market at a budget price. Realising $380 per week, the investment shows a 9.9% gross annual yield on the asking price. Both bathrooms have been recently renovated and the property has sufficient original features for sympathetic renovation to further increase returns in the rising rental market.


-Queenslander home converted to two 2 rental units
-Each unit has 2 good-sized bedrooms and long living room
-Fully functional eat-in kitchen in each unit
-Both bathrooms recently renovated, separate toilets
-Unit 1 currently rented at $180 per week
-Unit 2 has air conditioner and ceiling fan, rents at $200 per week
-$19,760 represents 9.9% annual gross return on asking price
-Fully fenced level block of 809m2
-Hardwood floors and other original features suit renovation
-Golden opportunity to take advantage of the rising rent market

Sold $193,000

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Inspection of this property is available strictly by arrangement only.

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